A Systematic Investment Plan (SIP) is a process of making an investment in mutual funds. It is a substitute for the traditional lump-sum method of making the investment. Through the process of systematic investment plan (SIP) the investors can invest a pre-determined amount in the mutual fund scheme at a specific interval of time. As there is a wide range of mutual fund schemes available in the market. Let’s take a look at the top-performing mutual fund schemes, which is apt for SIP investment in the year 2021.
Fund Name | Monthly Investment | 1 Year Returns | 3 years Return | 5 years Return |
Axis Bluechip Fund | 5000 | 21% | 18.3% | 11.3% |
Axis Focused 25 Fund | 5000 | 31.9% | 16.64% | 17.19% |
DSP Equity Fund | 5000 | 31.9% | 14.69% | 14.36% |
Franklin India Focused equity Fund | 5000 | 12.47% | 8.13% | 10.1% |
HDFC Balance Advantage Fund | 5000 | 3.1% | 16.6% | 15.5% |
ICICI Prudential Bluechip Fund | 5000 | 12.02% | 8.48% | 10.81% |
Kotak Standard Multicap Fund | 5000 | 18.19% | 11.14% | 13.24% |
Motilal Oswal Focused 25 Fund | 5000 | 26.57% | 12.48% | 12.82% |
Nippon India large Cap Fund | 5000 | 11.07% | 8.42% | 10.9% |
TATA India Consumer Fund | 5000 | 8.3% | 14.7% | 15% |
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The process of SIP mutual fund allows the investors to manage their personal finance and create a financial cushion so that they can achieve the financial objectives of life. Contribution towards SIP helps the investors to manage their investment on a regular basis in a simple and hassle-free way. Even though returns on SIP mutual fund entirely depend on the market performance the above is the list of top-performing best SIP plans for the year 2021, wherein you can consider investing.
This is an open-ended equity fund, which aims to generate long term capital appreciation by making the investment in equity and equity-related securities. As an equity-oriented fund, Axis Focused 25 Fund is a high-risk fund option, which offers higher returns on investment. Let’s take a look at the fund details.
Fund Name | Monthly Investment | Investment Tenure | Expected Annual Return |
Axis Focused 25 Fund | Rs.5000 | 5 years | 14% |
This is an open-ended equity fund, which the main objective is to generate long-term capital appreciation by making the investment in equity and equity-related instruments. Along with the investment in equity securities, the fund also invests in debt and money market instruments in order to maintain the liquidity of fund from time to time. As one of the best SIP plans, this fund is best fit for investors who have a high-risk appetite and who want to gain high returns on investment over a period of 3-5 years. Let’s take a look at the fund details.
Fund Name | Monthly Investment | Investment Tenure | Expected Annual Return |
DSP Equity Fund | Rs.5000 | 5 years | 14.36% |
As an open-ended equity scheme, this fund majorly invests in large-cap stocks. The main objective of the scheme is to provide long-term capital appreciation by making investment predominantly in equity and equity-related instrument of large-cap companies. Let’s take a look at the fund details.
Fund Name | Monthly Investment | Investment Tenure | Expected Annual Return |
ICICI Prudential Bluechip Fund | Rs.5000 | 5 years | 10.81% |
This is an equity-oriented fund that main objective is to achieve long-term capital appreciation by making investment majorly in equity and equity-related securities of large-cap companies including derivatives. This fund is best suitable for the investor who has a high-risk appetite and who wants to gain a high return on investment over a long-term period. Let’s take a look at the fund details.
Fund Name | Monthly Investment | Investment Tenure | Expected Annual Return |
Axis Bluechip Fund | Rs.5000 | 5 years | 12% |
As one of the best SIP plans, HDFC Balanced Advantage Fund is an open-ended fund, which main objective is to provide long-term capital growth by making investment predominantly in equity and debt instrument. This fund is great option of investment for investors who have a moderate to high-risk investment appetite and who want to gain a profitable return on investment. Let’s take a look at the plan detail.
Fund Name | Monthly Investment | Investment Tenure | Expected Annual Return |
HDFC Balanced Advantage Fund | Rs.5000 | 5 years | 16% |
This is an open-ended fund, which aims to provide long-term capital growth by investing 80% of the asset in equity and equity-oriented securities. This fund is best fit for investors who have a high-risk appetite. Let’s take a look at the plan details.
Fund Name | Monthly Investment | Investment Tenure | Expected Annual Return |
TATA India Consumer Fund | Rs.5000 | 5 years | 15% |
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